Mercy Oaks Village

Analysis

Mercy Oaks Village is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mercy Oaks Village reported income of $572k and spending of $843k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $572k (+26%), an average of +6.0% a year. Over the whole period it spent 156% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mercy Oaks Village sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Eskaton Roseville Manor ($572k), Eaton Place Inc ($572k) and Troy Apartments Inc ($572k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 42% of the total. At year end it held assets of $3.2m against liabilities of $678k, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.